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MARITIME LAUNCH SERVICES ANNOUNCES VOTING RESULTS AND ELECTION OF DIRECTORS

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Maritime Launch Services (OTCQB: MAXQF) reported voting results from its May 14, 2026 annual general meeting. Shareholders voted by proxy 326,454,557 common shares, representing 43.23% of outstanding shares. All director nominees were elected with between 99.04% and 99.99% of votes cast in favour.

Shareholders also approved the re-appointment of MNP LLP as auditors, with 99.97% of votes in favour.

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HALIFAX, NS, May 19, 2026 /PRNewswire/ - Maritime Launch Services Inc. (Cboe CA: MAXQ) (OTCQB: MAXQF) (the "Company") is pleased to announce the election of each of the nominees proposed for election at the annual general meeting of shareholders held on May 14, 2026. The vote was conducted by poll. In compliance with Cboe Exchange rules, the following are the detailed proxy tabulations for the appointment of directors.  A total of 326,454,557 common shares were voted by proxy at the meeting, representing 43.23% of the votes attached to all outstanding shares.

Director

For

Withheld

Stephen Matier

323,309,576(99.043 %)

3,124,941(0.957 %)

Sasha Jacob

324,107,499(99.287 %)

2,327,018(0.713 %)

Sylvain Laporte

326,343,952(99.972 %)

90,565(0.028 %)

Rita Theil

326,368,062(99.980 %)

66,455(0.020 %)

Ian McLeod

326,386,015(99.985 %)

48,502(0.015 %)

At the meeting, shareholders of the Company also voted 99.97% in favour of re-appointing MNP LLP as auditors of the Company.

About Maritime Launch Services

Maritime Launch (Cboe CA: MAXQ, OTCQB: MAXQF) is a Canadian-owned commercial space company based in Nova Scotia. Maritime Launch is developing Spaceport Nova Scotia, a dual-use commercial spaceport designed to support both civil and defence-related space missions. The spaceport will provide satellite launch services to domestic and international clients across the global commercial space market, supporting a wide range of orbital inclinations from a single location.

Spaceport Nova Scotia is Canada's first commercial orbital launch complex, enabling launch vehicles to place satellites into low Earth orbit.

For more information about Maritime Launch and Spaceport Nova Scotia, visit www.maritimelaunch.com

https://x.com/maritimelaunch

https://www.linkedin.com/company/maritimelaunch

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/maritime-launch-services-announces-voting-results-and-election-of-directors-302776832.html

SOURCE Maritime Launch Services Inc.

FAQ

What voting results did Maritime Launch Services (MAXQF) announce from the May 14, 2026 AGM?

Maritime Launch Services reported proxy votes representing 326,454,557 shares, or 43.23% of outstanding shares. According to the company, all director nominees and the auditor re-appointment received over 99% support from votes cast at the annual general meeting.

Were all Maritime Launch Services (MAXQF) director nominees elected at the May 2026 shareholder meeting?

Yes, all nominated directors were elected at the May 14, 2026 meeting. According to the company, support ranged from 99.04% to 99.99% of votes cast in favour for the five directors listed in the proxy tabulation.

How many shares were voted at Maritime Launch Services’ 2026 annual general meeting for MAXQF?

A total of 326,454,557 common shares were voted by proxy at the 2026 AGM. According to the company, this represented 43.23% of the votes attached to all outstanding Maritime Launch Services common shares as of the meeting.

What were the detailed director voting percentages at Maritime Launch Services’ 2026 AGM for MAXQF?

Director support ranged from 99.043% to 99.985% of votes cast in favour. According to the company, each of Stephen Matier, Sasha Jacob, Sylvain Laporte, Rita Theil, and Ian McLeod received over 99% support, with withheld votes below 1% for each nominee.

Did Maritime Launch Services (MAXQF) shareholders re-appoint MNP LLP as auditors in May 2026?

Yes, shareholders voted to re-appoint MNP LLP as auditors at the May 14, 2026 AGM. According to the company, the auditor resolution received 99.97% support from votes cast, indicating very high approval for retaining the existing audit firm.

What does the 43.23% shareholder turnout mean for Maritime Launch Services (MAXQF) in 2026 voting?

The 43.23% turnout reflects the proportion of outstanding shares voted by proxy at the AGM. According to the company, 326,454,557 common shares participated, giving these voting results effect for board elections and the auditor re-appointment in 2026.